Dr. Allen W. Smith was Professor of Economics at Eastern Illinois University for 30 years before his retirement in 1998. Devoting his retirement to writing full-time about the intersection between public policy and economics, Dr. Smith published The Looting of Social Security: How the Government is Draining America s Retirement Account in 2004 and THE BIG LIE: How Our Government Hoodwinked the Public, Emptied the Social Security Trust Fund, and caused The Great Economic Collapse in 2009.
In this interview, Dr. Smith confirms and explains the disastrous financial practices that have emptied our Trust Fund and left us with a funding crisis just over the horizon.
